ABB CEO Ulrich Spiesshofer abruptly steps down
Switzerland: ABB’s Chief Executive Officer Ulrich Spiesshofer abruptly stepped down after nearly six years of leading the Swiss engineering company.
Switzerland: ABB’s Chief Executive Officer Ulrich Spiesshofer abruptly stepped down after nearly six years of leading the Swiss engineering company.
Switzerland, Zurich: ABB reported that its Power Systems division business is improving as the turnaround strategy at the unit continues after the business suffered from offshore wind transmission and solar project issues.
Switzerland, Zurich: ABB announced a $4 billion share buyback after ABB CEO Ulrich Spiesshofer said he seeks to boost shareholder returns.